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Market
What will Luxembourg's GDP growth rate be in 2026 following the abdication?
4
Resolution / Starting Odds
Above 3% • 25%
1% to 3% • 25%
0% to 1% • 25%
Negative growth • 25%
Official economic reports from Luxembourg's government or international economic organizations
Story
Grand Duke Henri of Luxembourg, 70, Announces Abdication in Christmas Speech for October 3, 2025, Succeeding Son Guillaume After 24-Year Reign
Dec 25, 2024, 11:52 AM
Grand Duke Henri of Luxembourg has announced his decision to abdicate the throne, effective October 3, 2025. The announcement was made during a Christmas speech, where he stated that his son, Prince Guillaume, will succeed him. Grand Duke Henri, who has served as Luxembourg's head of state since 2000, will step down after a 24-year reign, following his father's abdication. The transition marks a significant moment in Luxembourg's monarchy, as Henri becomes one of Europe's longest-serving monarchs.
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